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Crypto Enthusiast. Web3 Explorer. NFT Lover. Seek for the unknowns.
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Is It Possible to Turn \$100 into \$100,000 in a Year Through Crypto Investments? 🤭

Straight to the point, let’s look at the calculation below first.

The calculation for turning \$100 into \$100,000 in a year through cryptocurrency investments involves estimating the potential percentage gain required. Here’s the formula:

Percentage Gain = ((Final Value - Initial Value) / Initial Value) * 100%

In this case:

• Initial Value (IV) = \$100
• Final Value (FV) = \$100,000

Now, plug these values into the formula:

Percentage Gain = ((\$100,000 - \$100) / \$100) * 100%
Percentage Gain = (\$99,900 / \$100) * 100%
Percentage Gain = 99900%

So, you would need a whopping 99,900% return on your initial \$100 investment to reach \$100,000 in one year.

Now, what do you think? Is it still possible?

Former President Trump's Cryptocurrency Holdings Plunge Below \$7 Million, Down 80% from June 🚨

According to Arkham's data, the value of the cryptocurrency assets held by former U.S. #President Donald Trump has fallen below the \$7 million mark, currently down to \$6,414,772.48.

This represents a decrease of about 80% from the early June peak of over \$31 million. The current holdings of the address mainly include:

- 210.345 billion #TROG , worth approximately \$460,600;
- 579,290 #TRUMP , worth approximately \$2.72 million;
- 492.449 ETH, worth approximately \$1.48 million;
- 377.415 WETH, worth approximately \$1.13 million.

#Binance
#crypto2024
MEME Coin Sector Faces Significant Declines 🚨

On August 1st, influenced by the market downturn, the MEME coin sector generally declined.

Among them, \$WIF dropped by more than 16% in 24 hours; #SATS dropped by more than 13%; BONK, \$PEPE , FLOKI, and PEOPLE all dropped by more than 12%.

#Binance
#crypto2024
OKX Ventures and Aptos Foundation Launch \$10 Million Fund to Accelerate Web3 and Aptos Ecosystem Growth 🤩

OKX Ventures and Aptos Foundation have launched a \$10 million fund to support the Aptos ecosystem and Web3 adoption. This fund will create an accelerator program, operated with #Ankaa , to support high-quality projects on the Aptos blockchain.

A panel will select five projects for the inaugural cohort in September, with Ankaa serving as the initial investor and operator. The accelerator will focus on infrastructure, DeFi, #RWA , gaming, social, AI, and dApps.

OKX Ventures has invested in over 300 projects globally and aims to enhance blockchain innovation through this partnership. Applications for the Ankaa #accelerator program open in August.

#Binance
#crypto2024
Fed Likely to Hold Rates Steady in August 🚨

According to #CME "FedWatch" data, there is a 96.9% probability that the Federal Reserve will keep interest rates unchanged in August, and a 3.1% probability of a 25 basis point rate cut.

It is reported that the Federal Reserve will announce the #interest rate decision at 2 AM Beijing time on August 1.

#Binance
#crypto2024
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Matrixport Predicts Potential Bitcoin Breakout Despite Recent Setback 🚀

#Matrixport stated that Bitcoin's price has rebounded to the upper range and may be poised for a new breakout, despite facing multiple resistances.

Market concerns over the US government transferring #Bitcoin to a new custodial account led to a failed trendline break attempt yesterday.

Additionally, profit-taking ahead of this week's #FOMC meeting may have contributed to the setback. However, Matrixport believes this is temporary, and a new breakthrough may be imminent.

#Binance
#crypto2024
Vitalik Buterin Celebrates Ethereum’s 9th Anniversary 🥳

Vitalik Buterin, co-founder of #Ethereum , announced on platform X that today marks the 9th #anniversary of Ethereum's launch. Vitalik expressed his excitement for the developments over the next decade.

It is reported that Vitalik will deliver a speech titled "The Next 10 Years of Ethereum" at the Ethereum Summit #EDCON 2024 in Tokyo at 15:20 Beijing time today.

#Binance
#crypto2024
Currently, 55.02% of Binance Futures Accounts with Open \$BTC Positions Are Shorting #Bitcoin 🚨

#Binance
#crypto2024
Matr1xOfficial Ranked Second in CoinMarketCap's 2024 Web3 Report 📊

@CoinMarketCap 's 2024 Web3 industry report shows that @Matr1x Official is the second most popular #Web3 game by daily active users, only behind Pixels.

It's worth mentioning that #Matr1xFIRE has also attracted a large number of Web2 gamers who voluntarily tried it out and provided feedback.

We believe it will undoubtedly become a unicorn in Web3 GameFi in the near future! 🔥

#Binance
#crypto2024
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“On day one, I will fire Gary Gensler!” - Donald Trump 💯

#Binance
#crypto2024
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Senator Cynthia Lummis Proposes Strategic Bitcoin Reserve to Reduce U.S. National Debt 💰

U.S. Senator Cynthia Lummis intends to propose legislation for a "strategic bitcoin reserve" aimed at reducing the U.S. national #debt .

The plan involves #purchasing 1 million bitcoin over five years and holding it for at least 20 years. She likened this move to the Louisiana Purchase and received an endorsement from former President Donald Trump.

At current prices, the 1 million #bitcoin would be valued at approximately \$68 billion.

#Binance
#crypto2024
DEX to CEX Ratio Hits 14.55% 🚨

The ratio of decentralized exchange (#DEX ) to centralized exchange (#CEX ) spot trading volume has reached 14.55%, a record high.

#Binance
#crypto2024
\$156M in Crypto Liquidations in 24 Hours 🚨

According to #Coinglass data, the total amount of cryptocurrency market liquidations across the network in the past 24 hours reached \$156 million, with both long and short positions being liquidated.

Specifically, long positions accounted for \$76.36 million, while short positions accounted for \$79.28 million. Bitcoin #liquidations totaled \$40.39 million, and Ethereum liquidations totaled \$52.31 million.

A total of 46,805 people were liquidated, with the largest single liquidation occurring on Binance - #ETHBTC , valued at \$5.1864 million.

#Binance
#crypto2024
JPMorgan Launches AI Tool for Analysts 🤖

JPMorgan Chase has launched #LLM Suite, an AI tool designed to assist its asset and wealth management division by performing tasks typically done by research analysts, such as writing, idea generation, and document summarization.

Introduced through an internal memo by top executives, the tool is similar to #ChatGPT and integrates with internal systems handling sensitive financial information to enhance productivity. Initially rolled out to 15% of JPMorgan's workforce, the tool aims to support research analysts by providing information, solutions, and advice.

A survey by #JPMorgan found that 61% of institutional traders view AI as the most impactful technology for the future of trading.

#Binance
#crypto2024
Banana Gun: No Airdrops, Beware of Scams 🚨

The Telegram trading bot project #Banana Gun clarified through its official X account that there are no ongoing airdrop activities.

Any airdrops claiming to be from Banana Gun are #scams . The project also warned that with its listing on Binance, impersonation scams have increased, and users need to be vigilant.

#Binance
#crypto2024
Mt. Gox Creditors Begin Receiving Crypto Repayments via Bitstamp on July 25 💰

After a decade, Mt. Gox creditors will receive their crypto assets worth much more than when the exchange #collapsed .

Starting July 25, #Bitstamp will distribute crypto after receiving 5,106 BTC, Bitcoin Cash, and Ether from Mt. Gox trustees. Recipients will undergo a week-long security check before gaining full control of their coins.

UK Bitstamp customers will be excluded from the first round but will receive repayments in the coming months. The price of BTC has #surged over 10,000% since Mt. Gox's collapse in 2014. Concerns about market impact from mass selloffs appear unfounded.

#Binance
#crypto2024
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Is Meme Valuable? 🐸

In the crypto world, the value of #memes has become a hot topic. Good memes can generate widespread attention, drive prices up, become wealth-generating tools, and attract numerous dream chasers. Notably, 9 meme coins are already among the top 100 in crypto market cap. As the market rebounds, meme coins also lead in gains.

Characteristics of meme coins include:

• Born from the grassroots 🌱
• Strong in price surges 🚀
• Risk-prone ⚠️

Much like the outlaws of Liangshan, meme coins hold a unique position in the crypto space.

Barbell Strategy:

This strategy is gaining more recognition in the current crypto cycle. On one side, hold large-cap relatively stable tokens (such as #Bitcoin , Ethereum, etc.), and on the other side, hold various meme coins. This balances risk while pursuing high returns. Conversely, mid-range VC coins and value coins see reduced positions or are abandoned.

Attention Equals Value:

In the crypto market, project teams are also starting to embrace memes, leveraging their spreadability to attract attention. For example, projects like Monad and Berachain use memes to connect with the community and enhance their outreach.

Conclusion:

There's no need to debate whether memes are valuable; what matters is adapting to change, understanding, and leveraging the spreading nature of memes.

#Binance
#crypto2024
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🚨BREAKING🚨

#BlackRock just updated their website.

#ETH #ETF IS HERE 🔥

Bullish!

#Binance
#crypto2024
Biden's Withdrawal Sparks Crypto Coin Surges and Laser Eyes Revival 📈

During the US election, President #Biden announced his withdrawal from the 2024 presidential race, endorsing Vice President Kamala Harris as the Democratic candidate. This led to a surge in related meme coins like \$HERRIS and \$KAMALA.

Meanwhile, #Elon Musk, a Trump supporter, caused the meme coin \$DMAGA to increase by 50 times after changing his avatar to one with "laser eyes," a symbol in the crypto community. This was in response to Biden's withdrawal, igniting excitement among Trump supporters.

The "#laser eyes" symbol has historical significance in the crypto community, representing belief in Bitcoin's potential. In early 2021, during a Bitcoin bull market, the "#LaserRayUntil100K" campaign symbolized the crypto community's optimism about Bitcoin reaching \$100,000. Prominent figures, including Musk, adopted the laser eyes symbol to express their support.

#Binance
#crypto2024

### What Is Banana Gun?

Banana Gun, a Telegram bot designed to enhance your trading experience on the Ethereum network. Whether you’re looking to snipe upcoming launches or safely purchase tokens that are already live, Banana Gun is here to be your go-to sniper and manual buyer. The mission is to provide you with a seamless and secure trading experience, with plans to expand to more chains in the future. 👀
With this guide, you’ll master the art of sniping and manual trading using the Banana Gun Telegram bot.
Features to Be Proud Of
Auto Sniper: Automate your token sniping to never miss an opportunity.Manual Trader: Take control of your trades with precision.Anti Rug: Protect your investments from rug pulls.Private Transactions: Ensure your trades are secure and private.Sandwich Protection: Guard your transactions against sandwich attacks.Reorg Protection: Stay safe from chain reorganizations.
Dive into the world of on-chain trading with confidence and security using Banana Gun. Happy trading!